Business Expansions Reflect State’s Diverse Economy

6 Jun 2019


Agralite Arrowhead BENCO Brown Connexus Light and Power Crow Wing Dakota East Central Federated Goodhue Itasca Kandiyohi Lake Country Lake Region McLeod Meeker Mille Lacs Minnesota Valley Nobles North Itasca Redwood Runestone South Central Stearns Electric Steele Todd Wright Hennepin

Minnesota’s diverse economy is reflected in the 226 business expansion projects that were publicly announced in 2018 and tracked by DEED. These projects were spread across the state and involved companies of all sizes in more than 40 industries. 

While complete data is not available for all of the projects, these expansions represent at least 8,829 new jobs and 1,672 retained jobs. They also reflect new investment of at least $2.4 billion and over 7.5 million square feet.

Click here to view the original article from the Minnesota Department of Employment and Economic Development.

Flipboard Icon

More Topics

Site Logo

DEED Names Director of CareerForce

Jun 5 2019
The Department of Employment and Economic Development (DEED) announced that Lorrie Janatopoulos has been hired as Director of CareerForce. Led by a network of private, public and nonprofit partners throughout Minnesota, CareerForce guides people toward rewarding careers, connects individuals to employment opportunities, and provides valuable economic and employment development information...Continue Reading
Site Logo

Minnesota ranked as top five nonfuel mining state in the U.S.

Jun 3 2019
Minnesota has been named a top five mining state for nonfuel mineral commodities for the year 2018, the Iron Mining Association of Minnesota (IMA) announced. The U.S. Geological Survey’s National Minerals Information Center ranked states by 2018 value of nonfuel mineral production, including iron ore and other commodities such as...Continue Reading
Site Logo

Minnesota Exports up 1.5 percent in the First Quarter of 2019

Jun 2 2019
Exports to Europe grew 14 percent to $1.4 billion ST. PAUL – Minnesota exports grew to $5.4 billion, representing growth of 1.5 percent between the first quarters of 2018 and 2019, according to a report released by the Minnesota Department of Employment and Economic Development (DEED). U.S. exports grew 1.4 percent...Continue Reading